Corn ZC Z2 is about to hit and important S/R cluster that starts at 7.99 and ends at 810. I expect some retrace from here and a possible attempt latter to break true the S/R. The retrace could go to about 7.06 or so. -- Moving over 810 will void the above.
In due time the market will show us the way, as always.
ZC Z2 now trading 7.82
My opinion is solely base on mathematical calculations and does not include or takes into account: weather, broadcasting parrots, USDA estimates, supply/demand, speculation or market manipulation.